Economicsis a social science that aims to describe the factors that determine the production, distribution, and consumption of goods and services, i.e. the economy. It is the study of how we choose to use resources. Definitions of the term ‘economics’ can vary considerably, depending on peo...
Ecommerce is the business of buying and selling goods and services over the internet. Ecommerce customers can make purchases from their computers as well as other touchpoints including smartphones, smartwatches, and digital assistants such as Amazon’s E
商务英语(第三版 上)01 What Is Economics.pdf,Chapter 1 Chapter 1 What Is Economics What Is Economics Objectives Objectives Objectives Objectives A. To learn the fundamental knowledge A. To learn the fundamental knowledge about economics and its importa
MacroeconomicsMacroeconomicsisthestudyoftheperformanceofthenationalandglobaleconomies.TwoBigEconomicQuestions Twobigquestionssummarizethescopeofeconomics:▪Howdochoicesendupdeterminingwhat,how,andfor whomgoodsandservicesgetproduced?▪Whendochoicesmadeinthepursuitofself-interest alsopromotethesocialinterest?TwoBig...
economics经济学scarcewantsresourcesunlimited WHATISECONOMICS? WhatisEconomics? GoodsandServicesaretangibleandintangiblethings thatsatisfypeople’swantsanddesires. Goods:Cars,Computers,Ipods,Fruit,Cellphones Services:Doctor,Teacher,Accountant,Librarian SO…Whatarethewantsanddesiresofallindividuals? WhatisEconomics? WE...
What is Economics – Study of the Production Simply stating, Economics is the study of the production and consumption of goods and the transfer of wealth to produce and obtain those goods. It helps in explaining how people interact within markets to get what they want orachieve certain goals....
Economics involves allocating resources to meet peoples' needs and desires for goods and services. Explore the definition and types of economics including microeconomics and macroeconomics and learn about growth vs. sustainability. Economics - Allocation of Resources Meet Joe. He is a typical ...
Print out the lesson and either let students read it themselves, or use the lesson for teaching a basic introduction lesson on economics. Concepts introduced include scarcity, wants, needs, goods, services, labor, capital, business, and government. ...
What Is Economics? There is no single adequate definition of what economics actually is, and the old joke that “economics is what economists do” is hardly helpful. A famous economist of the past, Alfred Marshall (1842—1924), said: Economics is the study of mankind in the ordinary ...
Economics is the study of the production, distribution, and consumption of wealth in human society, but this perspective is only one among many different definitions. Economics is also the study of people (as consumers) making choices about which products and goods to buy. Indiana University says...